Ripple’s RLUSD Stablecoin Gains Approval, Could Disrupt Institutional Payments

TL;DR Ripple’s RLUSD stablecoin has received approval from the New York Department of Financial Services, allowing it to be listed on major exchanges and partner platforms. Ripple has established strategic partnerships with several exchanges and market makers to facilitate the widespread adoption of RLUSD. Aimed at institutional clients, RLUSD is expected to disrupt the stablecoin ... source: https://crypto-economy.com/ripples-rlusd-stablecoin-gains-approval-could-disrupt-institutional-payments/